Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners announced today that Yemen-based Tadhamon Bank, one of the largest Islamic financial institutions in the Middle East and North Africa (MENA) re

PIMFA WealthTech, the market network and technology platform created with principal strategic partner Morningstar, and WealthOS, the operating system for digital wealth management, a leading financial technology company, today (16 October 2023) invite FinTechs to participate in a new Tech Sprint to meet a challenge focused on digitising and automating the client onboarding process.

Travelex, a market leading foreign exchange brand, has partnered with the National Bank of Cambodia to start trading Cambodia’s national currency, the Khmer Riel (KHR), at Singapore’s Changi Airport. 

Stash, a fintech app focused on investing, recently secured $40 million through a convertible note, a form of short-term loan that can be converted into equity later. T. Rowe Price, an early and existing supporter of the company, led this funding round.

CEO Liza Landsman explained that employing convertible notes allows Stash to extend its path to profitability without needing to establish a valuation, providing adaptability in the current market climate.

Medius, a leading provider of AP Automation and wider Spend Management solutions, today announces its partnership with global recovery audit service provider, Caatalyst, signaling its first step into AP Audit Profit Recovery. 

Payments 20 (P20), the leading voice of the global payments industry, has published a new report entitled ‘

Payments solutions provider Monavate signals accelerated growth and launches a new Supply Chain Payments division, to bring simplicity and clarity to B2B companies that are slowed down and burdened by unnecessary complexity and friction in payments practices in their sectors. Monavate has appointed Anant Patel, an established payments expert with over two decades of global experience, as President of the new division.

The buy-now-pay-later company Waylog was founded in 2022. Since its inception, the company's total lending has grown from 20 million to 500 million SEK, and they have expanded to four new markets. A key factor behind Waylog's rapid growth has been their early partnership with Froda as a financing partner, providing them with easy access to capital. The partnership is part of Froda's international expansion journey.

GUUD, a leading player in the cross-border trade technology space, has officially launched its revolutionary eWallet solution GFAST as part of its Trade Finance Application Portal (TFAP) offerings.